Why sell a business now? The economy is hot today, but selling a business can take about three years. Selling today might help you let the good times roll in the future. Don’t wait until the next recession to sell or you may find your self selling at an economic low point. While predictions for 2020 and 2021 are rosy, no one is really predicting beyond that.
As you contemplate selling your company, understanding the key difference between Strategic and Financial buyers early on can help you determine which buyer is more aligned to your goals and which buyer will best meet your long-term objectives.